| Thu, Dec 06, 2007 |
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Large Webcasters Petition Lawmakers for Royalty Rate Parity
Washington - Large Internet radio purveyors AOL (NYSE: TW), Yahoo (NASD: YHOO),
RealNetworks (NASD: RNWK), Pandora and Live365 earlier this week sent a letter to key
lawmakers in Washington, asking them to consider performance royalty parity for
broadcast, satellite, cable and Internet radio. The letter was addressed to U.S.
House Intellectual Property Subcommittee Chairman Howard Berman (D-Calif.) and
Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.), whose committees are
currently re-evaluating the broadcast radio industry's royalty rate exemption.
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Digital Media Wire -...
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| Mon, Dec 03, 2007 |
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AOL Abandons Video Store; Amazon to Power Paid Downloads
Dulles, Va. - AOL (NYSE: TW) on Monday officially shuttered its
online video store, and will instead offer users the opportunity to purchase or
rent videos from online retail giant Amazon.com's (NASD: AMZN) Unbox video store.
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Digital Media Wire -...
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| Thu, Nov 29, 2007 |
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Facing Higher Royalties, AOL, Yahoo May Shut Off Web Radio
New York
- Yahoo (NASD: YHOO) and AOL (NYSE: TW) may shutter their Internet radio services, facing a 38%
increase in music royalties at the hands of the Copyright Royalty Board,
Bloomberg reports. "We're not going to stay in the business if cost is
more than we make long term," Yahoo Music general manager Ian Rogers told
Bloomberg. Echoing the same tone, AOL Radio managing director Lisa Namerow told
Bloomberg, "If the rates remain as they are, it would be very challenging
to sustain a business that is profitable."
read more

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Digital Media Wire -...
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Facing Higher Royalties, AOL, Yahoo May Shut Off Web Radio
New York
- Yahoo (NASD: YHOO) and AOL (NYSE: TW) may shutter their Internet radio services, facing a 38%
increase in music royalties at the hands of the Copyright Royalty Board,
Bloomberg reports. "We're not going to stay in the business if cost is
more than we make long term," Yahoo Music general manager Ian Rogers told
Bloomberg. Echoing the same tone, AOL Radio managing director Lisa Namerow told
Bloomberg, "If the rates remain as they are, it would be very challenging
to sustain a business that is profitable."
read more

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Digital Media Wire -...
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| Mon, Nov 12, 2007 |
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AOL Acquires Question-and-Answer Search Service Yedda
New York - Time Warner's (NYSE: TW) AOL announced on Monday that it has acquired Yedda, an online question-and-answer social search service. Founded in 2006, Israel-based Yedda has developed technology that automatically matches questions to other related questions and topics, while selecting the best available users from relevant Internet communities to answer the questions posed.

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Digital Media Wire -...
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